Art Gallery/Framing Shop

Business
  • Listing# : 17030
  • Listed Price : $225,000
  • Total Sales : $91,321
  • SIC : 5719
  • Down Payment : $202,500
  • Status : Active
  • Discretionary Earnings : $17,813

Business Type :

Arts/Crafts/Floral / Art Framing/Gallery

Business Description :

Opportunity to own a longstanding, award winning, custom picture frame shop and art gallery that has been serving its community for over 40 years.  This store is a favorite for both residential and commercial clients.  All of the custom framing is done in-house (no shipping customers' goods to be framed elsewhere) and the seasoned staff is extremely knowledgeable and customer-oriented.  The owner also displays works from local and regional artist and collects a commission on their sales through the store.  The owner works approximately 25 hours a week (cash flow/SDE for a full-time owner-operator would be approximately $12,000 - $20,000 higher).   

Top-line revenues have been growing for the past four years - even in 2020 when the store had to be shut down for a brief period.  A more organized and concentrated marketing plan and the initiation of e-commerce sales could continue the increase in revenues and profitability margins.  This is a turnkey operation ready for a new owner.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $4,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $5,500
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $1,500
    • Incl : Yes
    • Total Assets $11,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Arts/Crafts/Floral
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